The World's 5 Youngest Billionaires Boast a Combined Net Worth of $10.3 Billion

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16 Apr 2024
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The world's youngest billionaires are an impressive group, having amassed immense wealth at remarkably young ages. According to Forbes' latest billionaire rankings, the 5 youngest billionaires globally have a combined net worth of over $10.3 billion.

1. Kevin David Lehmann (19 years old) - Net Worth: $3.3 Billion
The youngest billionaire in the world is Kevin David Lehmann from Germany. At just 19 years old, he has a net worth of $3.3 billion, making him the heir to his father's stake in German drugstore chain dm-drogerie markt.

2. Gustav Magnar Witzøe (29 years old) - Net Worth: $3.9 Billion
The second youngest billionaire is Gustav Magnar Witzøe from Norway. At 29 years old, he has a net worth of $3.9 billion, primarily from his stake in salmon farming company SalMar ASA.

3. Alexandra Andresen (25 years old) - Net Worth: $1.8 Billion
The third youngest billionaire is Alexandra Andresen from Norway. At 25 years old, she has a net worth of $1.8 billion, inherited from her family's investment company Ferd.

4. Katharina Andresen (27 years old) - Net Worth: $1.5 Billion
The fourth youngest billionaire is Katharina Andresen, Alexandra's younger sister, also from Norway. At 27 years old, she has a net worth of $1.5 billion, also from the family's investment company Ferd.

5. Austin Russell (26 years old) - Net Worth: $1.8 Billion
The fifth youngest billionaire is Austin Russell from the United States. At 26 years old, he has a net worth of $1.8 billion, primarily from his company Luminar Technologies, a leading developer of autonomous vehicle sensor technology.

These young billionaires have achieved remarkable financial success at an early age, showcasing the potential for entrepreneurship and innovation to create immense wealth. Their stories inspire and demonstrate the opportunities available in the modern global economy.

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